Bid
Ask
/product/detail/index/isin/CH0310385643
31038564 
Euro STOXX 50 EUR Price Index13.02%0.76% p.a.19.01.2017GBP2'668.172'697.14
/product/detail/index/isin/CH0313704576
31370457AMGNSU
Amgen3.04%16.94% p.a.09.02.2017USD140.20140.70
/product/detail/index/isin/CH0316290656
31629065ABXZUU
Barrick Gold3.49%16.25% p.a.23.02.2017USD14.8514.95
/product/detail/index/isin/CH0318228985
31822898 
STAPLES8.59%21.24% p.a.15.03.2017USD8.929.04
/product/detail/index/isin/CH0318783732
31878373ROGZTU
Roche0.94%4.52% p.a.17.02.2017CHF220.30221.40
/product/detail/index/isin/CH0319354665
31935466SANZUU
Sanofi9.40%4.11% p.a.24.04.2017EUR67.3568.45
/product/detail/index/isin/CH0322302784
32230278BVATAU
VAT Group AG30.10%--13.04.2017CHF55.9056.20
/product/detail/index/isin/CH0322304905
32230490 
VAT Group AG37.62%--18.04.2017CHF49.9050.15
/product/detail/index/isin/CH0322305365
32230536ABXGHU
Barrick Gold2.84%7.80% p.a.18.04.2017USD14.8515.05
/product/detail/index/isin/CH0322307221
32230722MRKRZU
Merck & Co.8.26%10.55% p.a.20.04.2017USD55.1055.30
/product/detail/index/isin/CH0323568565
32356856MRKDFU
Merck & Co.14.73%5.32% p.a.27.04.2017USD51.2051.40
/product/detail/index/isin/CH0323569316
32356931PHARZU
Kering26.12%1.18% p.a.03.07.2017EUR149.80151.30
/product/detail/index/isin/CH0323569696
32356969PHARUU
Swiss Re13.16%4.47% p.a.30.06.2017CHF82.7583.15
/product/detail/index/isin/CH0323571528
32357152CELZJU
Celgene Corporation23.76%7.45% p.a.28.09.2017USD89.0089.50
/product/detail/index/isin/CH0324701819
32470181MRKBXU
Merck & Co.15.06%8.62% p.a.11.10.2017USD51.0051.20
/product/detail/index/isin/CH0325378096
32537809BASJPU
BASF19.83%1.71% p.a.16.06.2017EUR65.6066.65
/product/detail/index/isin/CH0325380266
32538026ABBZIU
AbbVie7.09%17.33% p.a.16.05.2017USD57.0057.25
/product/detail/index/isin/CH0326714331
32671433DPWZZU
Deutsche Post11.85%4.30% p.a.01.06.2017EUR25.5025.95
/product/detail/index/isin/CH0327409287
32740928GILAMU
Gilead1.48%3.03% p.a.01.06.2017USD70.9071.40
/product/detail/index/isin/CH0329727694
32972769GOODUU
Alphabet Inc. C16.81%5.30% p.a.23.06.2017USD630.50631.50
  • 10 per page
  • 20 per page
  • 50 per page
  • 100 per page

Discount certificate (UBS BLOC)

A UBS BLOC (Buy Low Or Cash), also known as a discount certificate, enables investors with a moderate-to-high risk tolerance to obtain a price reduction when purchasing a selected underlying asset (e.g. index, equity, currency pair or precious metal). The more favorable entry results in a return benefit so that attractive returns are possible even in a sideways moving market.

Participating in price increases is limited: as soon as the price of the underlying asset trades at or above the cap level at maturity, the UBS BLOC will yield the anticipated return. The price reduction granted at the beginning results in investors benefiting from a safety buffer. Buyers of a UBS BLOC are almost always in a better position when the prices of the underlying asset fall than direct investors are, as they usually suffer fewer losses in terms of percentage.

However, the reduction in price is not full protection at maturity. If the underlying asset trades below the purchase price paid for the certificate there will be a loss in the capital invested. If the underlying asset closes below the cap level at maturity, the repayment is linked directly to the price of the underlying asset. The investor is then either paid the value of the underlying asset or the cash value of the underlying asset adjusted by the subscription ratio. In addition, the issuer risk must be taken into consideration, since the invested capital could be lost if UBS AG becomes insolvent, irrespective of the performance of the underlying asset.

A more detailed product description is available in our brochure "Knowledge in a nutshell".